28112, Monroe, NC

The 28112 zip code of Monroe, NC has a population of around 9,000 people. The median household income in this zip code is $50,000 which is lower than the national median household income of $53,046. The unemployment rate in this zip code is around 8% which is higher than the national unemployment rate of 6.3%. The homeownership rate in this zip code is around 63% which is lower than the national homeownership rate of 68%.

The average home value in this zip code is $128,500 which is lower than the national average home value of $217,500. The percentage of homes that are owner-occupied in this zip code is around 66% which is lower than the national percentage of owner-occupied homes at 74%. The percentage of homes that are renter-occupied in this zip code is around 34% which is higher than the national percentage of renter-occupied homes at 25%.

There are a number of factors that could be contributing to the low home values and high unemployment rates in the 28112 zip code including low incomes and a lack of available housing. Additionally, there has been an increase in foreclosures and short sales within this area over recent years which could also be contributing to these trends. While it will likely take some time for these issues to resolve themselves, hopefully they will eventually lead to more stable housing prices and improved economic conditions within the 28112 zipcode.